Despite volatile market conditions, Sui and Solana have shown their resilience in September. Let's take a closer look at how these tokens have performed over the month.
Sui (SUI) Success in the Last 30 Days
Sui investors have enjoyed significant gains throughout September as the token rallied by a staggering 105.19% over the last 30 days. This bullish trend was driven by Sui’s recent introduction of a consensus protocol on its testnet. Sui’s new Mysticeti protocol cuts consensus latency by 80%, positioning the platform as one of the leading Layer 1 blockchains. After the recent rally, Sui is now trading at $1.68 with a 0.86% intra-day decrease as buying pressure begins to cool down. Although Sui’s volume has also dropped by nearly 7% in the last 24 hours, Sui’s market sentiment remains 82% bullish. If this momentum persists, Sui could experience more upswings in Q4 by testing the nearest $2.10 resistance in the upcoming weeks.
Solana (SOL) Surges Past $200
Solana has surged past its critical $152 resistance today, turning community sentiment extremely bullish. Many ETH holders are now switching to Solana for its superior transaction speeds and growth potential. According to a recent analysis, Solana could steal up to 50% of Ethereum’s market cap in the coming months, pushing Solana’s price to at least $320. For now, Solana is trading at $157.69 after a 1.52% intra-day increase. Although Solana’s volume has decreased by 4.83% today, it still has 1300% more daily active users than Ethereum. If Solana maintains this bullish momentum in Q4, Solana’s price could test the next critical resistance at $265.28.
Lunex Network (LNEX) Presale
Lunex Network (LNEX) is a newcomer in the decentralized exchange space, but it is already poised for 100x gains by 2025. By overthrowing current leaders like Uniswap and PancakeSwap with its cross-chain DEX, analysts are already projecting 1800% gains for LNEX before the end of its presale. By bringing isolated blockchains together on one network, Lunex Network is ready to kickstart a new era of crypto trading based on the latest Web3 technology. On Lunex Network’s exchange, traders can swap more than 50,000 pairs across multiple blockchains at incredibly fast speeds and low cost. Lunex Network is committed to improving user experience, offering a no-KYC policy that allows traders to make token swaps without entering any private information. Lunex Network uses smart contracts to process transactions, ensuring they are secure and transparent. Lunex Network’s native $LNEX token also offers utility as traders can stake the token in exchange for rewards up to 18% APY. Through a buyback mechanism, Lunex Network invests a portion of its profits to repurchase tokens on the open market and distributes them to current holders as rewards. This mechanism also increases demand for the tokens, making LNEX deflationary over time. Given these impressive features, many savvy investors are already prepared to jump ship to Lunex Network’s exchange as soon as it is launched. For now, Lunex Network is in phase 1 of its presale, with tokens selling at a low price of only $0.0012. Analysts are already projecting the first price jump before the end of next week.
September showed positive trends for both Sui and Solana tokens despite volatile market conditions. Meanwhile, Lunex Network attracted attention with its innovative token exchange platform. These projects are expected to continue their growth in the coming months.
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